What is a Litecoin block explorer?

29 Dec by Vitaliy Dadalyan

What is a Litecoin block explorer?

What is a Litecoin block explorer?A Litecoin block explorer is an essential tool for people wishing to check the status of their Litecoin transactions or track recently mined Litecoin blocks. It’s possible to find a whole host of Litecoin block explorers online, all of which provide valuable information about the Litecoin blockchain. What is Litecoin? Before we get into the ins and outs of Litecoin block explorers, here’s a recap of what Litecoin is. Launched in 2011, the Litecoin blockchain is capable of handling higher transaction volumes than Bitcoin and also offers improved storage efficiency. The downside of this speed is so-called “orphaned blocks” – when two miners produce blocks at similar times. Nevertheless, merchants that need transactions confirmed only need to wait 2.5 minutesThe post What is a Litecoin block explorer? appeared first on Coin Rivet.